Hurricanes Milton and Helene were the costliest events for insurers in 2024, each causing US$20 billion in insured losses
AM Best has revised the outlook to ‘positive’ from ‘stable’ for the long-term issuer credit rating for Florida Lawyers Mutual Insurance Company
Cytora has partnered with Smarty to embed its US property data — offering over 350 attributes — into its platform to facilitate property risk evaluation for insurers
Lloyd’s London Bridge risk transformation platform has reached US$1.92 billion of deployed capital by the end of 2024, attracting US$2.55 billion of capital committed
Arch Insurance International has appointed Mike Bottle to managing director of the UK Regional Division, following the retirement of Steve Bashford as chief executive of the unit
The Vermont Captive Insurance Association (VCIA) has launched a rebrand featuring an updated logo, tagline and website, as it celebrates its 40th anniversary this year
Missouri Governor-elect Mike Kehoe has appointed Angela L. Nelson as director of the Department of Commerce and Insurance (DCI), effective from 1 March
The Internal Revenue Service (IRS) has published its regulations on micro-captive listed transactions and transactions of interest